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    kimboyd's Avatar
    kimboyd Posts: 1, Reputation: 1
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    #1

    Oct 2, 2008, 12:48 PM
    Ssn withholding percentage
    What is the percentage for ssn withholding with medicrte
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Oct 2, 2008, 02:20 PM
    Quote Originally Posted by kimboyd View Post
    What is the percentage for ssn withholding with medicrte

    My research says Indexed annually, your 2008 Social Security withholding is 6.2% of your wages up to $102,000. Your Medicare withholding is 1.45% of your wages, without limit.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #3

    Oct 2, 2008, 10:58 PM

    Yes, JudyKayTee is correct.
    sandeep ugade's Avatar
    sandeep ugade Posts: 2, Reputation: 1
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    #4

    Jun 5, 2010, 08:56 AM
    Can I join in ssn I get 275000rank in aieee
    sandeep ugade's Avatar
    sandeep ugade Posts: 2, Reputation: 1
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    #5

    Jun 5, 2010, 08:57 AM
    Quote Originally Posted by sandeep ugade View Post
    can i join in ssn i get 275000rank in aieee
    Join in ssn college
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #6

    Jun 5, 2010, 09:23 AM

    What? SSN means Social Security Number. What are you asking?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #7

    Jun 5, 2010, 12:32 PM
    The latest cap on SSN withholding is $106,400, though I believe that, sometime in the next five years, the cap will be removed to require those who earned more tha $110,000 to pay 6.2. on all earned income (and possibly other income sources as well) without an increase in benefits..

    Percentagte is 6.2% for Social Security and 1.45% for Medicare.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #8

    Jun 7, 2010, 07:48 AM

    Also - in 2013 the tax for medicare will increase for households making over $200K/year: to 2.3% on wages over $200K, and a new 3.8% medicare tax on unearned income (dividends, capital gains, annuities, etc) if your AGI is over $200K.
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